EZCORP Operating Income vs Deposit Liabilities Analysis

EZPW Stock  USD 11.10  0.02  0.18%   
Trend analysis of EZCORP Inc balance sheet accounts such as Other Current Liabilities of 70.7 M or Total Current Liabilities of 231.8 M provides information on EZCORP's total assets, liabilities, and equity, which is the actual value of EZCORP Inc to its prevalent stockholders. By breaking down trends over time using EZCORP balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EZCORP Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

About EZCORP Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of EZCORP Inc at a specified time, usually calculated after every quarter, six months, or one year. EZCORP Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of EZCORP and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which EZCORP currently owns. An asset can also be divided into two categories, current and non-current.

EZCORP Balance Sheet Chart

EZCORP Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how EZCORP Inc uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, EZCORP's Cash is fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 903.2 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 58.6 M in 2024.

Total Assets

Total assets refers to the total amount of EZCORP assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in EZCORP Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on EZCORP balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of EZCORP Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from EZCORP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EZCORP Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EZCORP Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
At this time, EZCORP's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 15.9 M in 2024, whereas Discontinued Operations is likely to drop (551.8 K) in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit528.1M609.8M701.3M736.4M
Total Revenue886.2M1.0B1.2B1.3B

EZCORP fundamental ratios Correlations

0.840.60.790.920.720.830.840.230.50.950.080.50.910.750.870.830.160.620.910.690.940.50.70.780.69
0.840.730.80.570.910.870.44-0.10.740.74-0.270.740.710.80.960.68-0.150.460.990.890.870.620.50.930.26
0.60.730.490.40.720.540.26-0.140.680.5-0.470.680.520.690.70.63-0.550.430.690.690.650.30.340.820.16
0.790.80.490.630.580.70.540.060.590.68-0.040.590.750.610.660.66-0.010.480.820.590.820.870.560.70.45
0.920.570.40.630.430.610.960.410.260.90.290.260.890.570.620.80.330.650.670.40.830.320.710.530.86
0.720.910.720.580.430.780.34-0.230.690.7-0.420.690.520.720.920.46-0.220.30.890.930.670.490.450.850.16
0.830.870.540.70.610.780.590.010.310.830.130.310.810.740.90.630.080.250.910.810.730.420.370.80.38
0.840.440.260.540.960.340.590.40.040.890.440.040.860.490.510.690.420.470.560.330.680.250.60.40.88
0.23-0.1-0.140.060.41-0.230.010.4-0.210.290.6-0.210.16-0.04-0.010.120.680.470.01-0.450.14-0.240.38-0.230.58
0.50.740.680.590.260.690.310.04-0.210.29-0.711.00.260.530.630.45-0.410.550.660.60.680.620.460.70.0
0.950.740.50.680.90.70.830.890.290.290.240.290.870.680.810.680.280.490.830.640.790.370.650.650.75
0.08-0.27-0.47-0.040.29-0.420.130.440.6-0.710.24-0.710.25-0.19-0.16-0.020.7-0.04-0.14-0.38-0.1-0.33-0.05-0.370.47
0.50.740.680.590.260.690.310.04-0.211.00.29-0.710.260.530.630.45-0.410.550.660.60.680.620.460.70.0
0.910.710.520.750.890.520.810.860.160.260.870.250.260.680.720.890.110.470.780.60.860.420.530.730.68
0.750.80.690.610.570.720.740.49-0.040.530.68-0.190.530.680.80.71-0.140.620.80.690.750.410.670.810.51
0.870.960.70.660.620.920.90.51-0.010.630.81-0.160.630.720.80.68-0.040.470.970.870.830.410.520.90.33
0.830.680.630.660.80.460.630.690.120.450.68-0.020.450.890.710.68-0.110.630.720.530.90.360.580.790.56
0.16-0.15-0.55-0.010.33-0.220.080.420.68-0.410.280.7-0.410.11-0.14-0.04-0.110.14-0.04-0.330.02-0.120.24-0.370.47
0.620.460.430.480.650.30.250.470.470.550.49-0.040.550.470.620.470.630.140.510.150.70.230.860.420.68
0.910.990.690.820.670.890.910.560.010.660.83-0.140.660.780.80.970.72-0.040.510.850.90.590.570.90.4
0.690.890.690.590.40.930.810.33-0.450.60.64-0.380.60.60.690.870.53-0.330.150.850.660.510.30.890.08
0.940.870.650.820.830.670.730.680.140.680.79-0.10.680.860.750.830.90.020.70.90.660.580.670.830.55
0.50.620.30.870.320.490.420.25-0.240.620.37-0.330.620.420.410.410.36-0.120.230.590.510.580.410.510.17
0.70.50.340.560.710.450.370.60.380.460.65-0.050.460.530.670.520.580.240.860.570.30.670.410.460.78
0.780.930.820.70.530.850.80.4-0.230.70.65-0.370.70.730.810.90.79-0.370.420.90.890.830.510.460.21
0.690.260.160.450.860.160.380.880.580.00.750.470.00.680.510.330.560.470.680.40.080.550.170.780.21
Click cells to compare fundamentals

EZCORP Account Relationship Matchups

EZCORP fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.3B1.3B1.5B1.7B1.8B
Short Long Term Debt Total454.0M477.8M546.0M610.5M702.1M737.2M
Other Current Liab39.5M56.9M60.5M58.6M67.4M70.7M
Total Current Liabilities132.5M155.1M152.9M192.0M220.8M231.8M
Total Stockholder Equity649.1M672.2M692.2M745.8M857.6M900.5M
Property Plant And Equipment Net240.8M254.8M278.3M302.5M347.9M365.2M
Net Debt149.5M224.1M340.0M389.9M448.4M470.8M
Retained Earnings318.2M326.8M402.0M431.1M495.8M520.6M
Accounts Payable71.5M90.3M84.5M23.0M26.5M41.0M
Cash304.5M253.7M206.0M220.6M253.7M266.4M
Non Current Assets Total603.8M656.1M703.7M748.0M860.2M903.2M
Non Currrent Assets Other5.4M5.9M7.7M12.0M13.8M13.1M
Cash And Short Term Investments304.5M253.7M206.0M220.6M253.7M266.4M
Net Receivables151.9M205.2M243.5M320.2M368.2M386.6M
Common Stock Shares Outstanding55.3M55.9M82.4M80.9M93.0M58.6M
Liabilities And Stockholders Equity1.2B1.3B1.3B1.5B1.7B1.8B
Non Current Liabilities Total415.4M439.6M502.8M530.0M609.5M639.9M
Inventory95.9M111.0M151.6M166.5M191.4M201.0M
Other Current Assets40.9M41.0M34.6M4.1M4.7M4.5M
Other Stockholder Equity398.5M403.3M345.3M346.2M398.1M238.0M
Total Liab547.9M594.7M655.6M721.9M830.2M871.7M
Property Plant And Equipment Gross240.8M254.8M278.3M579.8M666.8M700.2M
Total Current Assets593.3M610.9M644.2M719.7M827.7M869.1M
Accumulated Other Comprehensive Income(68.1M)(58.4M)(55.7M)(32.1M)(28.9M)(27.4M)
Short Term Debt50.0M52.3M52.3M91.4M105.2M110.4M
Intangible Assets58.6M62.1M56.8M58.2M66.9M36.9M
Current Deferred Revenue11.0M12.6M16.0M18.9M21.8M22.8M
Good Will257.6M285.8M286.8M302.4M347.7M209.9M
Common Stock Total Equity556K551K560K564K648.6K973.4K
Common Stock551K560K564K549K631.4K935K
Other Liab9.3M11.4M14.1M9.1M10.5M13.6M
Other Assets7.5M14.3M15.7M19.8M22.8M36.7M
Long Term Debt251.0M264.2M312.9M325.8M374.7M393.5M
Property Plant Equipment67.4M57.0M53.8M278.3M320.1M336.1M
Net Tangible Assets376.4M332.9M324.4M348.6M313.7M309.3M
Retained Earnings Total Equity389.2M318.2M326.8M402.0M361.8M334.7M
Long Term Debt Total238.4M251.0M264.2M312.9M359.8M274.4M

Pair Trading with EZCORP

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if EZCORP position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in EZCORP will appreciate offsetting losses from the drop in the long position's value.

Moving together with EZCORP Stock

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Moving against EZCORP Stock

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The ability to find closely correlated positions to EZCORP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EZCORP when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back EZCORP - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling EZCORP Inc to buy it.
The correlation of EZCORP is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as EZCORP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EZCORP Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for EZCORP can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether EZCORP Inc is a strong investment it is important to analyze EZCORP's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact EZCORP's future performance. For an informed investment choice regarding EZCORP Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EZCORP Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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Is EZCORP's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EZCORP. If investors know EZCORP will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EZCORP listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.409
Earnings Share
0.8
Revenue Per Share
19.623
Quarterly Revenue Growth
0.135
Return On Assets
0.0457
The market value of EZCORP Inc is measured differently than its book value, which is the value of EZCORP that is recorded on the company's balance sheet. Investors also form their own opinion of EZCORP's value that differs from its market value or its book value, called intrinsic value, which is EZCORP's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EZCORP's market value can be influenced by many factors that don't directly affect EZCORP's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between EZCORP's value and its price as these two are different measures arrived at by different means. Investors typically determine if EZCORP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EZCORP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.